Maisarah Islamic conducts prize account draws

Muscat: Maisarah Islamic Banking Services conducted monthly and quarterly draws for the holders of its Maisarah Prize Account at the Oman Avenues Mall recently.
The draw event was held in the presence of Moosa Al Farei, CEO of Atheer and a prominent Omani media figure, and the senior executives of Maisarah.
Maisarah, which distinguishes itself by focusing on providing outstanding customer service, also conducted a three-day ‘Maisarah Prize Account Promotion’ event at the Mall.
Monthly draws for the Maisarah Prize Account will also be held at Muscat City Centre, Nizwa Grand Mall, Sohar Safeer Mall, Salalah Gardens Mall and Sur City Walk Mall.
Congratulating the winners, Mohammed Ahmed Al Mashani, executive manager – Business & Channel said, “It was wonderful to see a gathering of our account holders and prospective customers interested in opening new accounts with us. This indicates the popularity of this prize account scheme. Our intention is to encourage and reward savings among our valued customers by providing these attractive incentives. I would also like to wish all our customers best of luck for the upcoming draws.”
He added, “This account is based on the Islamic profit sharing concept of Mudarabah. To follow their dreams, customers need to maintain a minimum balance of OMR100 in their accounts for 30 days. For every OMR100 balance, they get one chance to win, so the more they save, the greater their chances of winning.
Following the success of the first Prize Account in 2016, Maisarah launched this year’s scheme with bigger prizes, including larger segments of customers. This year's Prize Account will include 234 winners including priority customers, with a prize pool of more than OMR270,000.
The unique feature of Maisarah Prize Account is that customers are eligible for the expected profit of up to 3% on their deposits maintained in the account and in addition, the bank is giving away this prize from its own sources. Hence, it is not only encouraging customers to save but also rewarding them. This year’s prizes include; Monthly prizes with a total value of OMR 55,000 distributed among 110 winners (OMR500 for each winner – 10 winners monthly), in addition to Quarterly prizes with a total value of OMR4,000 for 4 winners (OMR1,000 for one winner every 3 months). Additionally, Maisarah Special prizes for different occasions throughout the year including; Ramadan prize worth OMR1,500 for one winner from general customers and OMR3.000 for priority customers, Haj season prize worth OMR1,500 for one winner from general customers and OMR3.000 for priority customers. The prize scheme also includes grand prizes of OMR25,000 and OMR50,000 during the year.
Customers who save OMR 100 in their accounts for 30 days will have the chance to win the prizes listed. They can increase their chances to win prizes by saving larger amounts. The current Prize Account scheme is open to customers until December 31, 2017.